Learn more about our products.

Brazilnuts February 7, 2019

After a very difficult season in 2017, the brazilnutkernel market settled in 2018. Product had been moved from the shelf and found its way to the consumer again. Consumption fortunately came back and improved over the months.

Now it looks like that we have to handle another interesting season. Demand is not very strong yet but supply is limited. Some rumors around that the crop is not very good. Fact is that prices of raw material are going up

For the last month, Brazil nut prices have been firming upwards. Not because of strong demand from users but because raw material prices have been increasing much faster than normal. Purchasing competition between factories is fierce as all processing units want to have product to start cracking.

Many factories are withdrawn from the market and want to get a clearer picture before offering.

Brazilnuts October 06, 2016

The smaller factories have already finished production as they were unable to get more raw material due to the short crop. Remaining mid to large sized origin factories/ sellers are currently withdrawn from the market, trying to establish their exact remaining inventories in order to make sure that they do not over sell. As a result the market is firm with very limited availability, with offers only from resellers. Price may remain firm until Q2, 2017 when we would get supply relief with new crop material being available.

Brazilnutkernels December 21, 2016

The market for Brazilnutkernels is not very easy to judge at the moment. The facts are as follows:

Stocks in Europe and USA are limited so prices for spot material are firm and nearby positions will be firm.

Till new crop arrives to the market, any new demand may spark price increases as physical material will be tight in supply.

All factories in Bolivia are (still) closed as they have no more old crop raw material to process.

There were some rains, but that did not result in crop to be collected. Further rains are expected after which collectors will go into the jungle to start collecting. Any early crop coming out now is not sufficient yet for processors to start up.

Right now it is impossible to judge the new crop volume, timing is not right.

Most factories will start processing January/February for shipment March/April from the port.

Caution with rain of course are the road conditions. When there will have heavy rains, the road to Arica might be damaged (again) and first new crop shipments delayed.

Typically, first new crop arrives in Europe during May/June, it is unlikely for (serious) volume to arrive earlier.

Summarizing: we have to deal with the current inventory until new crop arrives, which is likely around May/June 2017. Premiums are expected to be paid by the factories for first new crop raw material, to allow the factories to start processing. Price wise, one may anticipate kernel prices for first new crop arrivals to be at a slight discount to current crop material (SPOT market).

It is our recommendation to be covered until Jun/Jul at least and probably take a partly cover for Q3 of 2017.

Brazilnuts January 26, 2017

The high prices at the end of 2016 crop resulted in a high raw material price for the new crop. As factories at the end of 2016 shut early they have started this season well financed and ready to purchase. This eagerness alongside rumours that the crop could be short has pushed raw material prices up further. Shippers at origin are currently withdrawn from the market. When they return we expect that prices will have increased.

Brazilnuts February 9, 2017

The market of Brazilnutkernels is very difficult at the moment. Supply of inshell nuts from the jungle is very limited and prices are pushed up.

Spot availability is also limited while this has to fill the gap until new crop, expected to start shipping April/May. It won’t be an easy season and our recommendation is to cover when you can although it will be difficult to find offers.

Brazilnuts February 23, 2017

The brazil market is unfortunately not getting easier. Stocks are very small and it is still quite a while to go before new crop product will arrive. Short shipments are the main reason for this and caught a lot of importers by surprise. It doesn’t really look like new crop is going to bring any relief. Raw material prices in origin are firming by the day due to incredible competition. There are hardly any offers from the factories since they are uncertain about the quantity and quality. It looks like a market where it is wise to book your early needs if possible as prices can currently only go one direction and that is up.

Brazilnuts March 8, 2017

The market of Brazilnutkernels is very difficult. Each day prices are going up. There is some raw material available but prices are going up. It is for sure that the crop is down because of El Nino. The indications we get is that the crop might be down by 40-50%. This will have a serious impact on the supply and cause further increasing prices unfortunately.